Texas Pacific Land Trust (NYSE:TPL) Institutional Investor Sentiment Trend

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Sentiment for Texas Pacific Land Trust (NYSE:TPL)

Texas Pacific Land Trust (NYSE:TPL) institutional sentiment decreased to 1.22 in 2018 Q3. Its down -0.14, from 1.36 in 2018Q2. The ratio fall, as 61 hedge funds increased and started new positions, while 50 sold and decreased stakes in Texas Pacific Land Trust. The hedge funds in our partner’s database reported: 2.88 million shares, down from 2.90 million shares in 2018Q2. Also, the number of hedge funds holding Texas Pacific Land Trust in their top 10 positions increased from 12 to 13 for an increase of 1. Sold All: 8 Reduced: 42 Increased: 35 New Position: 26.

Texas Pacific Land Trust holds title to tracts of land in the state of Texas, the United States. The company has market cap of $4.81 billion. It manages these lands for the benefit of the holders of Certificates of Proprietary Interest in the Trust. It has a 32.02 P/E ratio. The firm is also involved in the sale of land, gas and oil royalties, and grazing leases of the land.

The stock decreased 0.14% or $0.85 during the last trading session, reaching $619.15. About 24,433 shares traded. Texas Pacific Land Trust (NYSE:TPL) has risen 38.97% since January 14, 2018 and is uptrending. It has outperformed by 38.97% the S&P500.

Horizon Kinetics Llc holds 38.39% of its portfolio in Texas Pacific Land Trust for 1.83 million shares. Mad River Investors owns 57,723 shares or 38.38% of their US portfolio. Moreover, Lawson Kroeker Investment Management Inc Ne has 13.75% invested in the company for 49,143 shares. The Texas-based First Dallas Securities Inc. has invested 12.93% in the stock. Pacific Heights Asset Management Llc, a California-based fund reported 80,000 shares.

Since January 1, 0001, it had 2 buys, and 6 insider sales for $2.96 million activity.

Texas Pacific Land Trust (NYSE:TPL) Institutional Positions Chart

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